Pepe Coin Market Cap Hits $11B As Analysts Forecast Massive Rallies

As the crypto market continues to witness massive rallies, Pepe's price has hit a new all-time high of $0.000027, with analysts anticipating more rallies.

Pepe Coin price hit a new all-time high (ATH) on March 15th, rising over 5% to reach $0.000027, as per data from CoinMarketCap.

The meme coin’s price has been on a strong uptrend since the beginning of March, rallying over 120% in the past two weeks. This recent surge follows a period of consolidation for Pepe, which began in mid-February after a sharp rally.

Pepe price hits new ATH, promising more rallies

Pepe Coin, a popular meme coin, has hit a new all-time high amid increasing鯨魚(large holder) interest in the meme coin, promising more rallies.

According to data from Ali Martinez, a crypto analyst, whales have increased their Pepe holdings by $1.14 billion in the past 24 hours. This鲸魚(large holder) accumulation, coupled with the technical indicators, bodes well for Pepe holders, suggesting a potential rise to $0.000030 in this bull season.

Pepe is trading above the 50-day and 200-day EMAs, and the daily MACD indicator is flashing a buy signal. Moreover, the Pepe Fear and Greed index is at 78 (Greed), indicating investors’ optimism.

Pepe Coin, known for its surprising rallies, hit a new ATH in the past 24 hours, with more rallies expected from the meme coin. Pepe is trading at $0.000026 at the time of writing, promising to hit $0.000030 in this bull cycle.

Meanwhile, Dogecoin price could continue its rally in the coming days with the rising transaction volume.

According to data from IntoTheBlock, Dogecoin’s large transaction volume increased to $23B or 60.9B within the past few days, showcasing the bullish potential of the top meme coin.

Ali Martinez, a crypto analyst, observed the Dogecoin price chart and noticed the meme coin is about to break out again. Based on a November tweet, Ali believes a breakout could push the price to $2.40.

Another popular crypto analyst, Clifton FX, has a similar view. In his Dogecoin price forecast, Clifton thinks that DOGE is on the path of a breakout, which could lead to 40 – 50% rallies.

Dogecoin is trading above the 50-day and 200-day SMA with a bullish market sentiment.

In Summary

As Pepe Coin continues its bullish move, there is a high chance of it gaining 5x in the short term. Meanwhile, Dogecoin, with the rising transaction volume, has a high chance of hitting $0.50 in this bull cycle. In the same vein, the increasing demand for LNEX tokens has put it among the best altcoins to buy in this bull season. Backed by a robust ecosystem with tools to revolutionize the DeFi industry, LNEX has what it takes to hit $0.50 within months of launch.